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17 Sep, 2024 News Image Raj govt sets Rs 1.5L cr export target by 2029.
Despite a dip in exports from the state in the Apr-June quarter of the current fiscal, govt has set a target to raise exports to Rs 1.5 lakh crore by 2029 from the Rs 83,000 crore in 2023-24 and come up with strategies in the draft for a new policy to achieve it.
 

 Source:  timesofindia.indiatimes.com
17 Sep, 2024 News Image After duty cut, Indian onion may cost $700/tonne.

The Centre has reduced the export duty on onion to 20 per cent from 40 per cent with immediate effect as part of measures announced to help farmers get a better price for their produce.


 Source:  thehindubusinessline.com
17 Sep, 2024 News Image Govt removes MEP of rice, onions.

With crucial state elections around the corner, the central government scrapped the minimum export price (MEP) on onions and basmati rice, according to a notification from the ministry of commerce and industry. It has also reduced the stock holding limit for wheat for traders, wholesalers and retailers to increase supply in the market.


 Source:  economictimes.indiatimes.com
17 Sep, 2024 News Image Agriculture and farmers welfare is the top priority of the Prime Minister Shri Narendra Modi and Government has taken some big decisions in the interest of the farmers: Shri Shivraj Singh Chouhan.

Union Minister of Agriculture and Farmers Welfare and Rural Development Shri Shivraj Singh Chouhan said that the Prime Minister Shri Narendra Modi is farmer friendly and agriculture and farmers welfare is his top priority. Modi government has taken some big decisions in the interest of farmers.


 Source:  pib.gov.in
17 Sep, 2024 News Image PM Modi Inaugurates Tuticorin International Container Terminal, Hails Tamil Nadu s Role In Maritime Trade.

Prime Minister Narendra Modi addressed the inauguration of the Tuticorin International Container Terminal in Tamil Nadu today via video message. Describing the terminal as a 'new star of India’s marine infrastructure,' PM Modi emphasized its significance in enhancing the capacity of the V.O. Chidambaranar Port and supporting India’s journey towards becoming a developed nation.


 Source:  ddnews.gov.in
13 Sep, 2024 News Image Trade Connect e-Platform aims to raise India's exports market share: Goyal.

Union Commerce and Industry Minister Piyush Goyal on Wednesday launched a new trade portal to provide real-time trade-related information to existing and aspiring exporters and exuded confidence that it will help India improve its global market share.


 Source:  business-standard.com
13 Sep, 2024 News Image India & Ireland aim to build strategic partnership, may announce joint economic commission this year.
India and Ireland are in the process of negotiations over the establishment of a joint economic commission with expectation of announcing it by the end of this year. Such a commission is one of several bilateral initiatives that could serve as a stepping stone to a strategic partnership agreement sometime in the near future.
 

 Source:  theprint.in
13 Sep, 2024 News Image IIAB Expo 2024: Connecting Agri-Business Leaders and Showcasing Global Trends.

The India International Agri Business Expo 2024 (IIAB 2024) held in Hyderabad in India attracted attention from key players in the agriculture sector. The event provided a platform for discussing the latest trends and solutions in agri-business.


 Source:  en.krishakjagat.org
13 Sep, 2024 News Image Soyabean oil imports hit seasonal high in August amid fall in local soyabean prices below MSP.

India's crude soyabean oil imports reached a seasonal high of 4,54,639 tonnes in August, even as local soyabean prices have dropped below the minimum support price (MSP), industry body Solvent Extractors Association (SEA) said on Thursday. According to SEA, crude soyabean oil imports in August 2023 stood at 3,57,890 tonnes. The share of non-palm oils, including soyabean oil, made up 48 per cent of the total vegetable oil imports.


 Source:  economictimes.indiatimes.com
13 Sep, 2024 News Image India shifted from corn export to poultry meat production growth.
India’s transformation from a major corn exporter to a net importer has significantly impacted global markets, driven by the country’s burgeoning poultry industry and its ambitious bioethanol production goals.
 

 Source:  avinews.com